Here’s why TAL Education Group (TAL) stock volatility over the past month was 6.73% – Invest Chronicle
Let’s start with the current TAL Education Group (TAL) share price, which is $ 4.46 to be very precise. The stock rose sharply in the last session to $ 4.61 after an open rate of $ 4.29, while the lowest price was recorded at $ 4.27 before closing at 4, $ 24. Recently in News on November 12, 2021, TAL Education Group provides updates on business operations. TAL Education Group (“TAL” or the “Company”) (NYSE: TAL), one of the leading providers of K-12 extracurricular tutoring services in China, today provided updates on the Company’s business activities in response to recent regulatory developments relating to after-school tutoring services, including advice on homework load reduction and after-school tutoring for compulsory education students, published in July 2021 by the General Office of the CPC Central Committee and the General Office of the State Council (the “Notice”) and related rules, regulations and implementing measures promulgated by the competent authorities. You can read more details here
TAL Education Group has had a pretty questionable run when it comes to market performance. The highest one-year price of the company’s shares is recorded at $ 90.96 on 02/16/21, with the lowest value being $ 3.76 for the same period, recorded on 11/10/21 .
The annual performance of TAL Education Group (TAL) was -94.07%
Price records that include historical high and low prices over the 52 week period can say a lot about the current state of the stock and future performance. Currently, TAL Education Group shares are registering -95.10% over the 52 week period from the highest price, and 18.62% above the lowest price for the same period. The share price range for the 52 week period managed to keep performance between $ 3.76 and $ 90.96.
Shares of the company, operating in the consumer defensive sector, managed to break above a trading volume set at around 28,12,2017 for the day, which was obviously higher than the average daily volumes of the shares.
Regarding the cumulative measures of the year, the TAL Education Group (TAL) recorded a market performance of -93.76%, with revenues of -15.69% on a quarterly basis compared to the same period the previous year. At the time of this writing, the total market value of the company is set at 2.79 billion, as it employs a total of 70,914 workers.
Specialist analysis on TAL Education Group (TAL)
In the past month, 1 analyst rated TAL Education group a PURCHASE rating, 2 of the analysts surveyed rated the stock as OVERWEIGHT, 3 analysts recommended KEEP this stock, 1 of them rated the stock of UNDERWEIGHT and 1 of the analysts surveyed provided a SELL rating.
According to data provided on Barchart.com, the company’s moving average over the 100-day period was set at 7.91, with a price change noted as -20.41. Likewise, TAL Education Group posted a movement of -82.07% for the last 100 days, recording 26,314,934 in transaction volumes.
The ratio of total debt to equity (D / E) can also provide valuable information about the financial health of the company and the state of the market. The debt ratio can be calculated by dividing a company’s current total liabilities by equity. Debt to equity is therefore a valuable metric that describes the debt that the company uses to support assets, correlated with the value of equity. The total debt to equity ratio for TAL is 0.49 at the time of writing. In addition, the long-term debt to equity ratio is set at 0.44.
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Trends and Technical Analysis: TAL Education Group (TAL)
TAL Education Group’s gross stochastic average over the last 50 days is set at 35.53%. The result represents a downgrade from the raw stochastic mean for the last 20 days of 49.30%. In the past 20 days, the company’s stochastic% K was 42.72% and its stochastic% D was recorded at 37.32%.
Now, considering the previous presentation of the stocks, several moving trends are noted. Year-to-date, the company’s stock price performance looks encouraging, as the measure registers -93.76%. Additionally, the stock’s trading over the past six months has deteriorated significantly by -90.25%, alongside a decline of -94.07% for the past 12-month period. Shares are up around 15.84% in 7-day charts and are up -1.11% in the past 30 days. Common shares rose -15.69% in the last recorded quarter.